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Forex Broker Price War Ahead Low fees to help increase trading results Investor appetite for forex (FX) has exploded in recent years, with daily trading volumes of more than $5 trillion. Forex popularity is driven by low interest rates, high stock prices and easy access. Many investors end up opening an online forex trading account without really knowing about the fees, after all, currency pairs are not traded on any exchange. Forex trading involves exchanging one currency for another on the foreign exchange market and is not for the faint of heart or the inexperienced. No investment is without risk, but forex tips the risk meter further with its rapid trading pace and high leverage, which means investors can quickly lose more than their initial investments. Of course, that traders can also profit at the same speed, which combined with liquidity is what attracts investors to forex [...]

Longbow – multiple algorithms to create an ultimate strategy Sometimes you see a strategy in action and you simply feel it’s a good forex robot. Question is: how can you know this besides the LIVE RESULTS on myfxbook that show over 120% profits in just one year. It always start with the developer, is he a gold digger or is he a trader trying to preserve capital and let it grow slow and consistent. Not only we found a dedicated trader who decided many years ago to automate his trading, but more importantly, this software is full with sophisticated entries, exits and money management features. We believe this Strategy can compete with any investment fund out there and after thoroughly tested it, we now offer it in our strategy shop. The Longbow can be titled as a price action system. This strategy detects price movements and finds entries when [...]

NoHedge EA is the best of two worlds Where many traders often wonder weather to choose an Expert Advisor, a signal or just trade manually, well the NoHedge EA has all of that! Using the D1 chart settings this forex strategy does not trade very often, however aims for 100 – 300 pips per trade. So in case you want to patiently wait for good entries, this is the strategy you are looking for. Since the algorithm is too complicated to program in MQL4, it works with signals The developer has been trying to make it a fully automated system, but dropped it after noticing the algorithm could not be coded. For many of the traders using this strategy, it is a feeling of relief, knowing that it always uses stop loss levels and profit targets and definitely improves your night sleep. So how does this stratey [...]

Robots are killing off Wall Street’s traders Computers have taken over the majority of trading on Wall Street and are threatening the very nature of the trading profession. Laura French asks whether traditional traders are fighting a losing battle. Throughout most of the 20th century, robot traders would have been a mere figment of the (sci-fi film-influenced) imagination. But now they’re used by over 80 percent of trade markets, including the majority of investment banks and other big institutions, with retail trading remaining one of the only sectors still reliant on human brains. In short, the conventional trader depicted in clichéd Hollywood movies has almost completely died out, and with it the elements of risk-taking and intuition that defined the industry for hundreds of years. Attempts at automated trading aren’t new – the Black-Scholes formula, taken up by traders when it was revealed in 1973, is proof [...]

Trading is a business that takes much time, study and a great control of your emotions. All this can be ruled out with the use of an automatic trading system. But what exactly is a software for automatic trading? Well, an automated trading software is nothing other than an application by which people can invest in financial markets with simplicity and without any engagement. The opening, management and closing of the operation are fully managed automatically. The investor, with this tool, can completely exclude the emotional factor, and the time required to observe the markets. An automated trading system has huge advantages, but requires some precautions, such as finding ways to operate the software without any interruptions that may result in a loss of money. The solution can be the Forex VPS (Virtual Private Server), a virtual PC positioned within a company’s server, that can safely and perfectly operate [...]

Highest Rebates Ever It's official, Unitedforextraders offers the highest rebates in the forex industry - $4 per lot traded, no matter what! When you open an account with our partner broker Axitrader they will pay us a rebate for each trade you make. Because we get volume discounts we are able to pay you this high rebate. Your trading conditions such as spreads, fees, leverage or platforms are exactly the same as if you would have opened an account with Axitrader directly. So the money you save is in fact your first profit! How it works: - Just open a standard or pro account with Axitrader - After your account has been approved you will automatically receive $4 per lot traded - At the end of each month your earned rebates will be credited automatically into your trading account. For any questions, do not hesitate to contact us. [...]